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105 Hancock Avenue, Michigan City, IN 46360

Michigan City
Local realty services provided by:CENTURY 21 Affiliated
Listed by: matt evans
Office: re/max lifestyles219-462-2121
MLS#:817470
Source:Northwest Indiana AOR as distributed by MLS GRID
105 Hancock Avenue,Michigan City, IN 46360
$149,000
  • 5 Beds
  • 1 Baths
  • 1,727 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$149,000
  • Price per sq. ft.:$86.28

About this home

Generating a solid 9.15 CAP rate, this property delivers immediate cash flow with additional upside potential for future growth. A spacious 5 BR 1 BA home offers over 1,700 square feet of living space and presents a strong investment opportunity with a long-term tenant already in place. The home features a functional layout with two bedrooms on the main level and three additional bedrooms upstairs, along with a main-floor bathroom and convenient laundry area. An enclosed front porch and rear entryway add extra usable space. The current tenant has occupied the property for many years, providing stability and consistent income, with a lease secured through March 31, 2027. The tenant is responsible for utilities, Landlord covers taxes and insurance, simplifying management. Ideally located in the economically developing Michigan City area near the Lake Michigan shoreline and the South Shore Rail Line to Chicago, this property is well-positioned for possible long-term appreciation....

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Home facts

  • Year built:1889
  • Listing ID #:817470
  • Added:412 day(s) ago
  • Updated:May 01, 2026 at 02:46 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:9
  • Kitchen Description:Range, Range Hood
  • Basement:Yes
  • Basement Description:No Basement
  • Living area:1,727 sq. ft.

Structure and exterior

  • Year built:1889
  • Building area:1,727 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$149,000
  • Price per sq. ft.:$86.28
  • Tax amount:$1,332 (2024)
Based on information submitted to the MLS GRID as of May 1, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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